Strategic Procurement Specialist

1 day ago

Vizag, Andhra Pradesh, India beBeeProcurement Full time ₹ 1,80,00,000 - ₹ 2,52,00,000
Procurement Leader

We are seeking a highly experienced procurement professional to lead our procurement function. As Procurement Leader, you will develop and execute effective sourcing strategies, ensure cost-effective and timely procurement of materials, equipment, and services required for project execution, with strong governance and compliance to procurement policies.

  • Key Responsibilities:
  • Develop and implement procurement strategies aligned with business objectives and project timelines
  • Drive bulk buying and project-based procurement for long lead items and engineered bought-outs
  • Establish rate contracts, manage e-auctioning platforms, and oversee price benchmarking for strategic categories
  • Analyze spend data and identify cost optimization opportunities using Power BI, ERP, and MS Excel
  • Operational Procurement:
  • Oversee day-to-day procurement of project materials including Fabrication & Critical bought-out items
  • Ensure timely delivery of materials to meet project schedules across multiple sites and units
  • Manage bank guarantees, letters of credit (LCs), and ensure compliance with financial risk mitigation tools
  • Vendor & Contract Management:
  • Build and maintain strong relationships with suppliers and key stakeholders (CXO Level)
  • Develop a reliable vendor base; evaluate and onboard new vendors with technical and commercial screening
  • Negotiate contracts with suppliers and contractors; ensure contract closure, vendor evaluation, and continuous performance monitoring
  • Resolve vendor claims, legal disputes, and initiate legal actions when necessary in coordination with legal and finance teams
  • Systems & Tools:
  • Lead adoption and improvement of procurement processes on ERP, PLM, DPT and data analytics through Power BI dashboards
  • Ensure procurement records, approvals, and documentation are accurate and audit-ready
  • Skills & Competencies:
  • Strong knowledge of project procurement, rate contracting, and e-auctions
  • Familiarity with technical specifications of EPC/APC projects and bought-out items
  • Proficiency in ERP systems (e.g., SAP/Oracle), MS Excel (advanced), Power BI, and PLM platforms
  • Knowledge of commercial terms, INCO terms, BG/LCs, and import/export documentation
  • Leadership & Managerial Competencies:
  • Ability to lead a cross-functional team and manage diverse procurement categories
  • Strong negotiation and persuasion skills for high-value/volume sourcing
  • Drive team performance management, KPI tracking, and people development through structured training and mentoring
  • Risk identification, mitigation planning, and strategic decision-making
  • Risk Management & Compliance:
  • Ensure all procurement activities comply with company policies, ethical standards, and legal requirements
  • Identify risks in the supply chain and develop mitigation strategies
  • Manage contracts, licenses, and documentation related to procurement
  • Behavioral Skills:
  • High integrity, ethical conduct, and accountability
  • Strong communication and stakeholder management across engineering, project management, finance, and legal functions
  • Agility, problem-solving mindset, and focus on continuous improvement
  • Conflict resolution and team collaboration under pressure situations
  • Key Performance Indicators (KPIs):
  • On-time material availability for projects
  • Procurement cost savings vs. budget
  • Rate contract/E-auctioning coverage
  • Vendor performance index (OTIF, quality, responsiveness)
  • Contract closure and claim resolution time
  • Internal and external audit compliance
  • Team engagement and capability development

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